One Gas Inc Stock Price, News & Analysis

ONE Gas, Inc. (NYSE: OGS) has increased its quarterly dividend by 4 cents to 62 cents per share, resulting in an annualized dividend of $2.48. The dividend is payable on March 11, 2022, to shareholders recorded by the close of business on February 25, 2022. The company anticipates an average annual dividend growth of 6% to 8% through 2026, with a dividend payout ratio target of 55% to 65% of net income, subject to board approval. ONE Gas serves over 2.2 million customers in Kansas, Oklahoma, and Texas.

ONE Gas, Inc. (NYSE: OGS) will participate in the Wells Fargo Midstream, Utility & Renewables Symposium on Dec. 8, 2021. Key executives, including president Robert S. McAnnally and CFO Caron Lawhorn, will hold virtual meetings with investors. The event underscores ONE Gas's role as a major regulated natural gas utility in the U.S., serving over 2.2 million customers across Kansas, Oklahoma, and Texas. The company's divisions include Kansas Gas Service, Oklahoma Natural Gas, and Texas Gas Service. For more details, visit onegas.com.

ONE Gas, Inc. (NYSE: OGS) will participate in the BofA Securities Gas Utility Conference on December 7, 2021. Key executives including Robert S. McAnnally, Caron Lawhorn, and Curtis Dinan will conduct virtual meetings with investors. The conference materials will be available on the ONE Gas website. Based in Tulsa, Oklahoma, ONE Gas serves over 2.2 million customers across Kansas, Oklahoma, and Texas, making it one of the largest natural gas utilities in the U.S.

ONE Gas, Inc. (NYSE: OGS) has announced its participation in the virtual Mizuho U.S. Utility Summit on November 30, 2021. Key executives, including CEO Robert S. McAnnally, CFO Caron Lawhorn, and COO Curtis Dinan, will engage in virtual meetings with investors.

Presentation materials will be available on the company’s website after market close on November 29, 2021. ONE Gas serves over 2.2 million customers across Kansas, Oklahoma, and Texas, making it one of the largest natural gas utilities in the U.S.

American Home Solutions, part of American Water’s Homeowner Services Group, has partnered with ONE Gas to launch home warranty protection programs for homeowners and renters in Texas and Oklahoma. This agreement aims to protect customers from unexpected repair costs associated with utility service lines and HVAC systems. Eric Palm, President of Homeowner Services, highlighted the limited coverage of standard insurance policies, while Chris Sighinolfi of ONE Gas emphasized the convenience of this partnership for customers. Educational resources about the programs will be sent to eligible households.

ONE Gas, Inc. (NYSE: OGS) reported a net income of $20.3 million, or $0.38 per diluted share for Q3 2021, a slight decline from $21.1 million or $0.39 per share in Q3 2020. Year-to-date net income reached $145.9 million, or $2.72 per diluted share, up from $138.1 million, or $2.59 per share the previous year. The company redeemed $400 million of senior notes and declared a $0.58 quarterly dividend, payable on Dec. 1, 2021. The results reflect customer growth and new rates, alongside an ESG report emphasizing its commitment to cleaner energy.

ONE Gas, Inc. (NYSE: OGS) will announce its third quarter 2021 earnings on November 1, 2021, post-market. A conference call is set for November 2, 2021, at 11 a.m. EDT. ONE Gas, headquartered in Tulsa, Oklahoma, serves over 2.2 million customers across Kansas, Oklahoma, and Texas. The company operates as a regulated natural gas utility and is part of the S&P MidCap 400 Index. For those who cannot attend the call, a replay will be available for 30 days on the company's website.

ONE Gas, Inc. (NYSE: OGS) reported a strong second quarter 2021 with net income increasing to $30.1 million ($0.56 per share), up from $25.3 million ($0.48 per share) in Q2 2020. Year-to-date net income rose to $125.7 million ($2.35 per share) versus $117.0 million ($2.20 per share) last year. The company reaffirmed its 2021 guidance, expecting net income between $198 million and $210 million. Operating costs increased slightly, while capital expenditures were $129.4 million in Q2. Regulatory actions on Winter Storm Uri costs are underway in all operating states.